Aptos Blockchain the Next Big Layer-1 Ecosystem?

Kana Labs
2 min readOct 19, 2022

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Hey Kana Knights, as you have known for some time, aside from the Solana ecosystem Kana Labs is now integrating with another huge emerging player in the industry — Aptos Labs. Aptos Labs’s Aptos blockchain ecosystem is a Layer-1 blockchain and can be said to be the next major gateway to your entry into anything blockchain/crypto. Created by former Diem developers and powered by the new rust-based smartcontract language — Move, the Aptos ecosystem touts superior design in terms of safety, scalability, cost and decentralization.

Aptos aims to negate some of the key challenges faced by blockchain adopters in today’s market such as frequent outages, high costs, low throughput limits and various other security concerns. To resolve these challenges, this layer-1 ecosystem is being built as a state-of-the-art blockchain that is highly reliable owing to its flexible and modular architecture. This will allow the ecosystem to see frequent upgrades, fast adoption of the latest technology advancements, and first-class support for new and emerging use cases without causing much impact on ongoing activities.

Aptos blockchain will provide its users with easy, safe and immutable transactions across the globe via its new approach to decentralisation, network governance and a novel transaction processing method. One of the easy-to-understand concepts putting aside the technical stuff which highlights its advantage over its counterparts is its “parallel execution” transaction settlement method. Blockchains in existence today use the “serial execution” transaction settlement method, in which each transaction is processed one at a time. But, the usage of the parallel execution method allows the identification and execution of multiple individual transactions simultaneously allowing for faster and higher transactions per second by a wider margin.

Aptos ecosystem has shown promising features and all we have to do now is to wait for its mainnet to go live and see increased adoption of its real-world use cases over long time frames to determine its effectiveness and competitiveness.

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Kana Labs
Kana Labs

Written by Kana Labs

Web3 & Blockchain Tech specialist developing Cross Chain and Account Abstraction Smart Wallet solutions.

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